London market steady
Share prices on the London Stock Exchange were at a steady level for most of last week. Trading was quiet. The gains on Wall Street pushed up equities earlier but the sharply-reduced fullyear profits from Courtaulds unsettled the market, and leading issues lost ground. End-of-account liquidation added to this trend. The Australian sector was firm, in line with Australian home markets. 8.H.P., and earlier the Rundle shale oil issues, stood out.
Closing prices on Friday oi a selection of stocks were:— Ampol, 89%; ANZ, 265%; NSW, 173%; BHP, 820; Dalgety, 300%; Elder Smith, 245; Fletcher, Mt Lyell, 110%; Nth BH, 178%; Plessey, 299%; RTZ ord, 519 and regd 519; Transdev, 77%; West Mining, 309%; BAT, 351; Distillers, 206; Glaxo, 336; ICI, 284; Marks and Spencer, 131; P and O, 130%; Prudential ‘A,’ 213; Reed Int, 238; Shell Transport, 380; Unilever, 541; War Loan, 29%; De Beers, 815; Lloyds Bank, 343.
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Press, 2 June 1981, Page 22
Word Count
153London market steady Press, 2 June 1981, Page 22
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